Bahrain Municipal Projects to be Scaled Down

Tuesday, 3rd January 2017

Bahraini government forced 22 municipal projects to be scaled down, as government officials deemed them too expensive, reported Arabian Business.

The Capital Trustee Board took such a decision due to the recently introduced austerity measures. The board was told to prioritize projects such as revamping markets, building public parks and constructing bridges and roads.

So far though, according to the report, it is not clear whether all of the 22 projects will be conducted under the board’s authority or how large its budget will be. Bahrain and other GCC countries have been hit hard by the oil price crisis and have consecutively introduced varying austerity measures.

Monday, 27th November 2017

Monday, 30th October 2017

The second Al Mal-GTM Real Estate Debate Conference "Ambitious Strategy for Exporting Real Estate" has been held on October 29 and attended by a number of industry experts and speakers, who shared their thoughts and expertise on the know-hows of putting Egypt on the international real estate map